28-05-2013, 04:43 PM
Mobile banking surges
Mobile banking.docx (Size: 86.48 KB / Downloads: 19)
Existing System:
In present system a lot of traditional works are done either in manual process or using internet. The systems like reservations, banking and other things were done using internet or manually. So that many times user must go to either out lets or internet service centers but they canâ„¢t do all transactions of banking in some special situations like if they are in journeys or if they are busy But this is the main disadvantage in preset situation. To avoid this problem we have introduced a special type of mobile application called Mobile Banking.
Proposed System:
In todayâ„¢s age of new opportunities and emerging technologies, there is a new communications infrastructure to transform the way business is done. Using simple and cheaper hardware such as mobiles and handheld devices we can communicate & also we can do business transactions. It provides much better mobility than PCs. Technology is moving towards mobiles which has wide spread usage and acceptability. Lot of protocols and softwareâ„¢s has been developed. We are connecting the mobile to bank database using WML (Wireless Markup Language) scripts and java technology.
This opportunity is mobile commerce, and it will drive new levels of intense competition in the finance industry. Mobile commerce achieves this by removing the traditional restrictions of geographical location and high entry costs. This time the result on the finance industry will be led by a new weapon i.e., the mobile phone.